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OPERATING LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
OPERATING LEASES [Abstract]  
Supplemental Information Related To Lessee Right Of Use Assets And Liabilities [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of
As of
December 31,
December 31,
2022
2021
(Dollars in thousands)
ROU asset
$
78,855
$
90,319
Operating lease liability
$
81,954
$
93,772
Operating lease weighted-average remaining lease term (in years)
7.5
8.0
Operating lease weighted-average discount rate
2.37%
2.24%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Supplemental cash flow information related to leases was as follows:
Year Ended
Year Ended
Year Ended
December 31,
December 31,
December 31,
2022
2021
2020
(In thousands)
Operating cash flow from operating leases
(1)
$
18,202
$
19,328
$
13,464
ROU assets obtained in exchange for operating lease liabilities
 
(2) (3)
$
5,744
$
5,833
$
1,328
(1)
Represents cash paid for amounts included in the measurement of operating
 
lease liabilities.
(2)
Represents non-cash activity and, accordingly,
 
is not reflected in the consolidated statements of cash flows.
 
For the year ended December 31, 2020 excludes $
52.1
 
million ROU assets and
related liabilities assumed in the BSPR acquisition.
(3)
For the year ended December 31, 2022 and 2021 excludes $
3.0
 
million and $
1.3
 
million, respectively, of lease
 
terminations. For the year ended December 31, 2020, there were
no
 
lease
terminations.
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturities under operating lease liabilities as of December 31, 2022,
 
were as follows:
Amount
(In thousands)
2023
$
16,763
2024
16,008
2025
15,096
2026
14,025
2027
5,929
2028 and after
23,025
Total lease payments
90,846
Less: imputed interest
(8,892)
Total present value
 
of lease liability
$
81,954